Ladies, It’s Time To Take A Seat At The Table

Debunking the myths that can deter women from engaging with the world of finance and investment.

Based in Berlin and with an expanding network across Europe, Mind the Gaporganises events and produces educational material to answer all your financial questions. We show you how to invest smartly, ask for a raise, save for retirement and manage your professional career.

Myth 1: Money is a men’s issue.

WRONG! Our talented Mind the Gap community talks about money as well. We’re here to show you that money is sexy and you don’t need to a degree in finance to achieve financial freedom.

Myth 2: Women are not good investors.

Women are largely responsible for the managing of their family’s day-to-day finances and are more likely to make financial decisions that will affect the future of their families. Women’s ability to stay the course and not react to or try to beat markets is one of the reasons their portfolios tend to generate higher returns than those of men. Moreover, women shift to a long-term focus, save more up front and assume less risk, for example, by not loading up entirely on equities.

Myth 3: You need to devote hours to investment analysis and learning.

Okay, you will need to leave your comfort zone and learn about investments, but once you get started you’ll realise that it needn’t take up too much time. Our Meetups, workshops and annual conference will put you on the right track. The more educated you are about money and investments, the better decisions you will make.

Myth 4: If you’re saving there’s no need to invest.

Guess what: Not true.There’s a big difference between saving and investing. And there’s nothing wrong with saving — but often it’s not enough. Simply put, it’s highly unlikely you’ll achieve financial freedom or meet your life goals with just a savings account. Why? Because women in most developed countries receive lower retirement pensions than men. In the EU, women on average receive 39% less than men.

If more women consider investing as a long-term alternative to cash savings, it could have a significant impact on reducing the gender wealth gap, while providing a boost to the wealth of a generation of women, their families and the wider economy.

The opinions expressed in this article are for general informational purposes only and are not intended to provide specific advice about or recommendations for any financial or investment product.